karlmehtaPlaySpan’s CEO, Karl Mehta, is close to receiving the Ernst & Young Entrepreneur Of The Year 2010 Award in Northern California. Selected from over a hundred judge-nominated nominations from 135 cities , Mr. Mehta has been selected as one of twelve finalists, of which the winner will receive one of the world’s most prestigious business awards for demonstration of extraordinary success in the areas of innovation, financial excellence and leadership in community efforts. Social gaming has become a fully recognized industry and is on track to continue to grow in stature and size in the coming years.

Award recipients will be announced at the annual awards gala in Palm Springs, California on November 13, 2010, marking this the 24th award ceremony. This is a significant event, hosted by the Ernst & Young Strategic Growth Forum, a gathering of the top high-growth and market-leading companies in the nation. This competition is being sponsored by The Big Picture, Manpower, Smart Business, Scherzer International and The Summit Group.

“With so many successful entrepreneurs in Northern California and especially in Silicon Valley, it’s a true honor to be nominated by Ernst and Young for this award,” said Karl Mehta, Founder & CEO of PlaySpan. “As the market for digital goods and global consumer payment options expands, PlaySpan looks forward to continuing its leadership in the space, and extending revenue opportunities for the world’s largest developers and content publishers.”

Karl Mehta founded PlaySpan in 2006 and has remained CEO since. PlaySpan is a leading monetization solutions provider for over 1,000 online games, virtual worlds and social networks, and we’ve been covering them a lot recently here at SocialTimes.